PYMNTS

OCTOBER 27, 2016

ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are not seen applying again for at least 12 months.

Credit Cards 74

Credit Cards Credit Risk Risk Management Research 74

PYMNTS

OCTOBER 7, 2016

Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. For QIWI, this transaction is another step in implementing its M&A strategy of investing in promising teams and technologies in the FinTech space.

Cross-Border 55

Cross-Border Credit Risk Risk Management Acquirers 55

Fintech News

JANUARY 16, 2024

Generative AI offers many applications in banking, from enhancing due diligence and risk management to streamlining legal contract generation and code writing. This chatbot speeds up tasks like writing, translating, researching, and innovating, with participants reporting 50 percent faster work completion, including verification.

AI 116

AI Risk Non-Bank On-Demand 116

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Here are three key developments in credit scoring that we will be keeping an eye on in the new year: Consumer-Contributed Data Takes Center Stage. revolver vs. transactor).

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

PYMNTS

FEBRUARY 29, 2016

The company, which provides data and business intelligence solutions, like credit ratings and research for the financial world, said Thursday (Feb. Finagraph’s technologies will become integrated into Moody’s Analytics Lending Cloud software and risk models, the firm added. “We

Assessments 40

Assessments Small Business Credit Risk Risk Management 40

The Fintech Times

MARCH 9, 2024

According to Polaris Market Research , the global BNPL market is projected to expand from $6.24billion in 2022 to $80.52billion by 2032. This shift aligns with the financial industry’s broader trend of prioritising profitability, sustainable growth and risk management amidst economic uncertainty.

BNPL 72

BNPL Risk Management Risk Push-to-Card 72

FICO

JANUARY 10, 2017

The “innovation” VantageScore claims can score more people is simply the weakening of credit score criteria. The minimum criteria needed to produce the FICO Score aren’t arbitrary — they are the result of decades of research into risk assessment. In a previous post , I pointed out that our research showed around 7.4

Research 81

Research Consumer Risk Assessment Risk 81

PYMNTS

SEPTEMBER 29, 2017

“Segregation of duties, multiple levels of approvals and daily reconciliation of all transactions are mandatory to efficiently and safely manage the treasury activities,” he said. Managing liquidity and credit risk are definitely of main concern to FIs.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

FICO

NOVEMBER 23, 2021

This year our judges, in alphabetical order, are: Sidhartha Dash, research director at Chartis. He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion Risk Management Consulting 52

FICO

OCTOBER 20, 2022

How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? A panel of credit risk experts discussed this question at length during a FICO® World 2022 session entitled “Resilient Credit Lifecycle Strategies are the New Norm.” . Building resilience into credit portfolios.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

FICO

OCTOBER 20, 2022

How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? A panel of credit risk experts discussed this question at length during a FICO® World 2022 session entitled “Resilient Credit Lifecycle Strategies are the New Norm.” . Building resilience into credit portfolios.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

FICO

APRIL 24, 2023

Trust Bank is setting a precedent for financial services by onboarding an individual and delivering a credit card to them digitally on their phone within four minutes, creating a seamless digital onboarding process for new customers. Applicable regulations on lending are also implemented via this solution. “We

Near Real-Time 52

Near Real-Time Risk Management Credit Cards Risk 52

The Fintech Times

DECEMBER 19, 2023

Liquidnet, a technology-driven agency execution specialist, and bondIT , a provider of next-generation investment technology, unveiled a partnership to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s Fixed Income electronic trading platform. Before joining Pockit, Griffith served as COO at fintech mortgage broker H abito.

FinTech 59

FinTech Multi-Currency Agreements Risk Management 59

Fintech News

OCTOBER 28, 2024

Wimika RMS Technologies Ltd (Nigeria) The Wimika team is composed of seasoned professionals with diverse, yet complementary, expertise covering cybersecurity, software engineering, product management, insurance, fintech, digital fraud prevention, risk management, legal and leadership.

FinTech 116

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 116

The Fintech Times

APRIL 20, 2024

Research from Juniper Research has revealed that by 2028, the BNPL userbase will increase by 107 per cent to, from 380 million users in 2024. The state of BNPL in 2024 Juniper Research found that despite fintech companies commanding the BNPL market for years, 2023 saw a major shift, as superapps and banks gained traction. .

BNPL 72

BNPL Regulations On-Demand Checks 72

FICO

MAY 19, 2023

In total, Prosper extended more than USD $225M in credit access to these consumers. Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores. You can read more about this story in the full media release.

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

FICO

OCTOBER 28, 2022

FICO Score 10, Most Predictive Credit Score in Canadian Market. FICO Score credit risk trends through the COVID-19 pandemic. FICO® Score models are based on data in an individual’s credit report, housed by the two primary Canadian consumer reporting agencies (CRAs). FICO Admin. Tue, 07/02/2019 - 02:45. by Erik Franco.

Credit Cards 52

Credit Cards Credit Risk Risk Consumer 52

FICO

FEBRUARY 6, 2017

FICO Scores, of course, play an important role in the risk management and transparency that powers the secondary market. The secondary market requires all of the participants to effectively model credit risk and prepayments. This in turn gives consumers greater access to affordable mortgages. When a 700 Isn’t a 700.

Credit Risk 40

Credit Risk Risk Assessment Risk Payer 40

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

FICO

OCTOBER 1, 2022

To help make roads safer, FICO launched the FICO® Safe Driving Score in 2016 in partnership with eDriving, a Solera company and global risk management leader emphasizing proper education and reinforcement of safe driving behaviors. Can Arkali.

Risk 52

Risk Risk Management Research Accounts 52

FICO

JANUARY 19, 2023

Here are my three predictions for risk management and customer treatment in 2023. Increased Understanding of Consumers’ Financial Resilience Recent research by the Money Advice Service suggests half of UK households simply don’t have sufficient funds set aside to handle an unexpected expense of up to £300.

Risk 52

Risk Non-Bank Credit Risk Continuity 52

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. Leanne Marshall Leanne Marshall is a Senior Strategy Consultant with FICO Advisors for North American Credit Risk Lifecycle Practice.

Federal Reserve 52

Federal Reserve Credit Cards Advisors Issuers 52

FICO

JANUARY 27, 2022

The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm. The Impact of Covid-19 on Credit Card Payments . Here are extracts from those posts.

Posting 52

Posting Payment APIs and Integration Non-Bank Financial Crimes 52

PYMNTS

OCTOBER 31, 2016

This week we got something of a combo platter of those theories: Millennials are shunning credit cards because they’ve been denied in the past, and, well, rejection hurts. percent of car-loan applications were rejected, according to research from the Federal Reserve Bank of New York. In the year that ended in June, only 5.2

Credit Cards 43

Credit Cards Push-to-Card Federal Reserve Consumer 43

Fintech Labs Insights

JULY 17, 2015

Credit Benchmark. Independent source of consensus credit risk. Investment information & research. Money management solution for the classroom. Tags: Investing, research, trading, stock market. Source: Boston Business Journal. HQ: London, UK. Latest round: $20 million. Total raised: $27 million.

FinTech 29

FinTech Online and Mobile Banking Underwriting P2P 29

FICO

JULY 5, 2023

CFCA reports that CSPs’ “fraud management systems tend to detect fraud cases with an average False Positives rate of either 13% or 88%” while 26% of those surveyed report spending more than 20 hours per week – or even more than 40 hours per week – researching false positives.

Crime 52

Crime Online and Mobile Banking Gateways Rules 52

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Here are extracts from those customer development posts.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

Fintech Labs Insights

JULY 16, 2015

ID Analytics brings patented analytics and real-time behavioral insight to consumer risk management. Thetaray helps financial institutions with fraud detection and credit risk reduction by using its anomaly detection algorithm that leverages big data analytics in real time.

Online and Mobile Banking 26

Online and Mobile Banking Payment APIs and Integration Advisors Push-to-Card 26

PYMNTS

APRIL 10, 2018

Coface’s research found that, while fewer China-based businesses experienced payment delays, the portion of companies that faced delayed invoice payments of more than six months increased from 19 percent in 2016 to 26 percent in 2017. Better economic performance in 2017 has led to complacency amongst risk managers.

Small Business 49

Small Business Mitigation Risk Management Risk 49

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. FinBox plans to use the investment on product research and development. Australia’s ANZ Bank led a $1.56

B2B 51

B2B Payment APIs and Integration Small Business Participant 51

Fintech News

DECEMBER 18, 2024

We are excited by the value that Nubanks thought partnership and advice can bring to Tyme, particularly in areas like data analytics, credit risk management, product development, and marketing. Coen Jonker Specifically, he said, Nubank transformed financial services in Brazil.

Financial Inclusion 108

Financial Inclusion Underserved Innovation Best Practices 108